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Mosaic buys fellow fertilizer CF Industries’ phosphate business for $1.4bn

Cecilia Jamasmie | October 28, 2013 | 3:15 pm Canada Europe Potash 

U.S. fertilizer producer Mosaic (NYSE:MOS) said Monday it has reached a definitive agreement buy the Florida phosphate business of fellow fertilizer CF Industries (NYSE:CF) for $1.4 billion. The Minnesota-based company, until now primarily focused on potash, will pay $1.2 billion...

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